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2010-2011 Replacement School Bus Financing - Documents and Procedures
Financing provided by Mercedes Benz Financial Services USA LLC (formerly Daimler Truck Fianancial)

• Master Facilitator Agreement between NC State Board of Education and Mercedes Benz Financial Services USA LLC - dated January 14, 2011.
• Master Replacement Bus Financing Agreement between North Carolina LEAs and Mercedes Benz Financial Services USA LLC - Final Version for download and LEA signature.
• Memo from Ben Matthews and Derek Graham dated February 14, 2011: 2010-2011 Replacement School Buses - Financing Arrangements
• Request for Payment: LEA Financed Purchase of Replacement School Buses
• Exhibit B for all counties - print just the one for your county.
• Mercedes Benz Financial Services USA LLC Federal Employer Identification Number: 8653034
  
• LEA INSTRUCTIONS FOR PROCESSING REPLACEMENT BUS FINANCING AGREEMENT:
• Complete Request for Payment form and FAX to DPI Transportation Services (919/807-3578) attn: Steve Beachum.
  Note: You may attach a copy of your EXHIBIT B AGGREGATE LIST OF REPLACEMENT SCHOOL BUSES ANTICIPATED TO BE ACQUIRED and put "See Attached" rather than duplicating all of the payment information.
• Receive from Steve Beachum an approval of the request for payment.
• Download a copy of the Master Replacement Bus Financing Agreement (MRBFA) and include YOUR EXHIBIT B - AGGREGATE LIST OF REPLACEMENT SCHOOL BUSES ANTICIPATED TO BE ACQUIRED.
• Fill in the MRBFA and get appropriate signatures IN DUPLICATE as follows:
  • a.  Page 1, paragraph 1 - fill in DATE, OFFICIAL LEA NAME, LEA ADDRESS
  • b.  Article I, "LEA" - fill in OFFICIAL LEA NAME (page 2)
  • c.  Article X, 10.04 fill in LEA name, department and contact name for official correspondence related to the financing agreement (probably transportation director or finance officer)
  • d.  Page 10, bottom - Appropriate signature for this agreement - either authorized Board member/chairman
         OR superintendent, depending on local procedures.
  • e.  Exhibit A - Page 11 - Fill in date, LEA name, from page 1, paragraph 1
  • f.   Exhibit B - Page 15 - replace with the one provided by DPI Transportation Services
         and fill in date, LEA name from page 1, paragraph 1
  • g.  Exhibit C - Page 16 - fill in date, LEA name, from page 1, paragraph 1
  • h.  Exhibit C - Page 17 - Fill in Federal Tax ID Number, date and authorized signature.
  • i.   Appendix # __ - page 18 - Fill in date, LEA name, from page 1, paragraph 1
  • j.   Payment Schedule to Appendix __ - Page 19 - Fill in date, LEA name, from page 1, paragraph 1
    
    
    NOTE: Mail TWO SIGNED ORIGINAL MRBFA's by March 11, 2011 to

  Mercedes Benz Financial Services USA LLC
  13650 Heritage Parkway,
  Fort Worth, TX, 76177

  ATTN: Keith Courtney
  

  Mercedes Benz Financial will return one signed original MRBFA to the LEA. 

   

 

updated 02/11/11